California, Los Angeles

Wildfires could cost Los Angeles billions, but the financial fallout is just beginning
LA faces an initial $358 million wildfire recovery bill that is expected to rise with no immediate state or federal aid
California utility company says its equipment may have sparked a Los Angeles-area wildfire
California utility company Southern California Edison on Thursday said its equipment “may be associated with” the ignition of the Hurst Fire, which burned alongside the Eaton and Palisades fires during January’s Los Angeles firestorms.
Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – $1.1 billion.
California wildfires will cost insurers billions
The economic toll from the California wildfires is just starting to become clear. Allstate is the latest insurer out with numbers. The insurance company says it will pay out $1.1 billion in insured claims.
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January
California Wildfires: Soaring Insurance Claims Hit $45B
The recent California wildfires have left an unprecedented financial toll on the insurance industry, with projections of $35 to $45 billion in payouts. Allstate alone anticipates $1.1 billion in claims.
Allstate to lose $1.1 billion due to California fires
TheStreet’s Conway Gittens brings you the biggest news of the day, including the toll the California wildfires are taking on insurance companies.

Karen Bass, Los Angeles Mayor

California fires updates: Death toll in Los Angeles fires rises to 29
At least 29 people are believed to be dead and more than a dozen others remain unaccounted for as multiple wildfires rage ...
Disneyland and Universal Studios offer free tickets for wildfire heroes
Disneyland and Universal Studios Hollywood are offering free theme park tickets to first responders who tackled the ...
California wildfire live updates: Los Angeles area on alert as high winds fan the flames
Fanned by strong winds, the wildfires have killed at least 24 people and swept through 40,000 acres in the Greater Los ...
Southern California Edison probing possible link to Los Angeles fires
Southern California Edison (SCE), a subsidiary of Edison International , said on Thursday that it was probing whether its ...
Los Angeles wildfires: Second California real estate agent charged with price gouging victims
California Attorney General Rob Bonta announced that charges have been filed against another realtor for price gouging ...
The New York Times13d
California Wildfires: Expected rain may boost firefighting efforts, but officials are vigilant about flooding.
The fire in northwestern L.A. County spread swiftly to more than 10,400 acres but is now 95% contained. The largest fire, covering 23,448 acres in western Los Angeles, is 90% contained. The ...
NBC Los Angeles28d
How Los Angeles wildfires could affect California's home insurance market
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped ...
justthenews23h
Federal officials visit California to evaluate Los Angeles fire recovery
Rick Grenell, who represented the White House, apparently lashed out after hearing that subcontractors for debris removal ...
Santa Barbara Independent3h
As California’s Fire Season Grows, State Senators Push for More Year-Round Firefighters
Senate President Pro Tem Mike McGuire proposes that state firefighters work full time in place of the seasonal workforce the agency currently staffs for nine months each year.